The times of the golf wars between the PGA Tour and LIV Golf could also be over.
The UK Solar has reported that Saudi Arabia’s Public Funding Fund – who’ve backed LIV Golf since its first season in 2022 – can pay roughly $2 billion to turn out to be a part of the PGA Tour and put an finish to the saga that has divided males’s skilled golf.
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In response to the report, LIV’s 14 occasion schedule will proceed underneath the PGA Tour umbrella, whereas off the course the Saudi’s will achieve important affect.
The PIF may have an 11 per cent share within the PGA Tour in addition to two locations on the PGA Tour board together with the place of chairman.
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For the PIF, it doesn’t look like a hefty worth to pay as they possess roughly $1.4 trillion in belongings.
PGA Tour gamers will profit from additional prize cash will increase created by one other large money injection, will the DP World Tour will even have their prize purses improve courtesy of their strategic alliance with the PGA Tour.
A merger between LIV Golf and the PGA Tour was introduced by the 2 sides in June final yr however little has come of the continuing negotiations since.
Hypothesis has been rife concerning the sticking factors within the negotiations which have included scheduling, abroad journey and monetary penalties for LIV defectors.
However publicly all concerned have saved their playing cards near their chest.
There have been public shows of unity by PGA Tour commissioner Jay Monahan and PIF chairman Yasir Al-Rumayyan in current weeks with the pair hitting the golf course collectively within the pro-am on the DP World Tour’s Alfred Dunhill Hyperlinks Championship in Scotland and the Girls European Tour’s Aramco Staff Collection occasion in Riyadh, Saudi Arabia.
Woods pragmatic on merger discussions | 00:55
Tiger Woods and Rory McIlroy are reportedly enjoying a key position in getting the deal finalised as PGA Tour gamers will vote on the settlement.
Golf followers will little question have many questions based mostly off the reporting resembling can gamers freely interchange between LIV and PGA Tour occasions? Will LIV occasions get world rating factors now that they underneath the PGA Tour banner? And plenty of extra.
However for now, these questions stay unanswered.